Singtel's quarterly profit drops nearly 6%, revenue up 8%

Friday 11 August 2017 | 12:08 CET | News
Singtel reported operating revenue up 8.3 percent year-on-year to SGD 4.23 billion in the quarter ended 30 June. EBITDA was up nearly 3 percent to SGD 1.26 billion, while net profit fell 6 percent year-on-year to SGD 892 million, as a result of lower associates' contributions and exceptional charges for workforce restructuring at Optus. Free cash flow was SGD 1.2 billion.

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Categories: General
Companies: Optus / SingTel
Countries: Asia / Australia / India / Indonesia / Singapore
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